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Bank of Saga Ltd Amends Consolidated Mid-year and Full-year Outlook for FY 2013


Friday, 26 Oct 2012 02:30am EDT 

Bank of Saga Ltd announced that it has raised the consolidated mid-year outlook for operating revenue from JPY 18,900 million to JPY 21,200 million, but has lowered the consolidated mid-year outlook for ordinary profit from JPY 3,100 million to JPY 900 million, net profit from JPY 1,300 million to JPY 100 million and earning per share from JPY 7.77 to JPY 0.59 for the fiscal year ending March 31, 2013. The Company has also raised the consolidated full-year outlook for operating revenue from JPY 37,800 million to JPY 39,900 million, but has lowered the consolidated full-year outlook for ordinary profit from JPY 5,700 million to JPY 2,700 million, net profit from JPY 2,400 million to JPY 600 million and earning per share from JPY 14.35 to JPY 3.59 for the fiscal year ending March 31, 2013. The positive revenue outlook is mainly due to increase of gain on divestiture of receivables. The negative profit outlook is mainly due to loss in depletion of stock. 

Company Quote

252.0
4.0 +1.61%
18 Sep 2014